2021-04-05-accounts

			Page
Trustees' report
Independent examiner's		report
Statement ofhnancial	activities
Balance sheet
Notes to Ihe financial	statements

Settlor		Gillian Dickinson
Charity number		1094362
Principal address		C/o Womb(a Bond Dickinson		(UK) LLP,
		One Trinity
		Broad Chare
		Newcastle upon Tyne
		NE12HF
Independent	examiner	Philip Holt FCAFCIE
		High Park Farm
		Kirkbymoorside
		York
		YO62 7HS
		Lloyds Sank Pic
		102Grey Street
		Newcasfie Upon Tyne
		NE99 1SL
Solicitors		Wamble Bond Dickinson	(UK)		LLP
		St Ann's Wharf
		'l12 Quayside
		Newcastle Upon Tyne
		NE1 3DX
Investment	advisors	Investec Wealth 8 investment			Limited
		Quayside House, Canal	Wharf,
		Leeds
		Yorkshire
		LS115PU

						2021	2D20
					Notes	8	f
Income from:
Income and endowments			from:
Investments income					2	43,299	53,800
Total income						43,298	53,800
Expenditure on:
Raising funds
Investment management		costs				13207	13284
Charitable activities
Grants payable Governance					3	15,200	108,493
Other
costs					4	11,409	12,683
Total charitable expenditure						39,816	134,460
Net income l(expenditure)			for the year			3,483	(80,660)
Other recognised	gains	and (Iosses):
Net gains/(losses)	on revaluation			offixed assets		336,740	(223,704)
Net movement in	funds					338,223	(304,364)
Fund balances at 6April 202D						1;191,227	1,495,591
Fund balances at	5April		2021			1,530rk50	1,191,227

						2021		2020
				Notes	8	5		5
Fixed assets
Investments						1,663,375		1,340,270
Current assets
Debtors					3,459		5,850
Cash at bank and in hand					38479		33,351
					41,938		39,201
Cmditorsr	amounts	fallmg	due within
one year				8	(140,863)		(129,250)
Net cunant	liabiliges					(98,926)		(90,049)
Total assets less current liabilities						1,564,450		1,250,227
Creditors:	amounts	falling	due after
more than	one year					(34,000)		(59,000)
Net assets						1,830~0		1,191,227
Funds ofthe Chsdty
Designated	fund - investment		fund	10		1,663,375		1,340,276
Unreshicted	general funds					(132,925)		(149,049)
						1,530,450		1,191,227

2	Investments	income
			2021f	2020f
	income from	listed investments	43,288	53.368
	Interest receivable		33	431
			43,299	53,800

Grants payable
			202'I	2020
			6	E
Grant to instiMions- 2	grants (2020:7grants)		15,200	105,493
Grants to insStutlons	from unrestrlcted	funds comprtse:
The Samiing Foundation				75,000
Northern Citrines Marching Band			2,700
Enter CIC				1,450
Cheesebum Sculpture				2,000
Birtrheads Wild				10,000
Hexham Abbey Heritage				3,888
National Youth Choir			'I2,500	15.000
Baflilfgste Museum				1,155
			15,200	108,493
Reconciliadon ofgrants payable:
Commitments et 8April	2020		183,144	251,775
Commitments made in	the year		15,200	108,493
Grants paid during the year			(27,700)	(255,040)
Commitmenls at 5April	2021		170,644	183,144
Commibnents at 6Aprl( 2021 are payable asfollows:
Within one year			136,644	124,144
Alter more than one year			34,000	59,000
			170,644	183,144

Governance	cos	ts
				2021	2020
				E	E
Other governance		costs	comprise;
Administragon	fees			$,340	10,561
Brokers fees				425	248
Independent	Examination		fee	840	818
Website redesign		and running costs		804	1,058
				f1,408	12,683

Fixed asset invsstmenta	Fixed asset invsstmenta	Fixed asset invsstmenta	Fixed asset invsstmenta
									2021f	2020
Market value brought forvrsrd									1&$40,276	1,802,089
Acquisi8ons at	cost								225,806	207,822
Market value ofdlsposals									(241,339)	(247,275)
Net gains /(losses)			on revaluation		during	the year			3$5,741	(223,704)
Cash movements		during the year							2,791	1,544
Market vsfue carried forward									1,663,375	1,340,278
Htatortcat cost:
At 5April 2021									1,313,232	1,299,320
The valuation	of	investments		prepared		by investec	Wealth	& Investment	as at 5 April 2021	gives the
following a8ocstion			ofinvestments		by market value which are			held:
									2021f	2020f
Fixed Interest									385,098	358,531
Equities									1,129i496	841,350
Hedge Funds									69.488	80,449
Property									57,064	80,508
Cash									22,231	19,440
									1,663,375	1;340,278
These investments			have the	foltowing		geographicat	spread:
									2021f	2020f
United Kingdom									720,399	605,804
Asia/Pacific									187,712	175,578
North America									335,815	383,320
Europe									132,$16	175,578
International									184,078
Other									12$,255
									1,663,375	1,340,278

7	Debtors							2021		2020
								E		E
	Prepayments		and accrued income					3/58		5,850
								3,459		5,850
8	Creditors:	amounts faging due within ane			year			2021		2020
								E
	Creditors									480
	Grants payable							'l38,644		124.144
	Independent		Examination fee					640		816
	Accrusls							3,$79		3,810
								140,863		129,250
9	Creditors: amounts faglng due after more				than	one year		2821		2020
								E		E
	Grants payable							34,000		59,000
								34,000		59,000
fg	Analysis ofnst assets between funds
							Net current	Long term
						Investments	liebiliSes E	liabigties f		Total f
	Fund balances at5April 2021 are represented					by:
	Unrestricted		Income Funds
	Designated		funds —investment	fund		1,683,$75				1,683,375
	Unrestrided		general funds				(98,825)	(34,000)		(132,92S)
						1,88$,3'75	(98,928)	(34,000)		1.530.450
							Net current	Long term
						investments	liabilities	liabilities		Total
						E	E		E	E
	Fund balances at 5April 2020			are represented	by:
	Unrestricted		Income Funds
	Designated	funds - investment		fund		1,340,276				1,340,276
	Unreseicted		genera! funds				(90,049)	(59,000)		(149,049)
						1,340,278	(90,049)	(59,000)		1,191,227